Shares of The Gap, Inc. (GPS – Analyst Report) dropped 3.7% in the after market trading session yesterday, as the company’s third-quarter fiscal 2014 adjusted earnings of 74 cents a share missed the Zacks Consensus Estimate of 79 cents. However, earnings improved 2.7% on a year-over-year basis.
Including a 6 cents per share gain from a non-recurring tax benefit during the quarter, the company reported earnings of 80 cents a share.
